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Hilton to bring two DoubleTree brand hotels to Ethiopia

2025-02-25 by EthioStockMarket.com Reporter

Global hospitality company Hilton is set to bolster its presence in Africa by signing an agreement with Brighton Hotels and Business to open two new DoubleTree properties in Ethiopia. This marks the …

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Ethiopia’s Finance Ministry, World Bank Launch Annual Joint Project Portfolio Review

2025-02-25 by EthioStockMarket.com Reporter

The Ministry of Finance, in collaboration with the World Bank, has commenced a Joint Project Portfolio Review to review and enhance the implementation of ongoing projects and programs supported by the …

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Ethiopia signs memorandum of understanding with ATIDI to support PPP renewable energy projects

2025-02-25 by EthioStockMarket.com Reporter

Addis Ababa, Ethiopia: The Federal Democratic … by African States to cover trade and investment risks of companies doing business in Africa. ATIDI predominantly provides Political Risk, Credit …

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Cross-Border Tensions: Kenya Bolsters Security at Ethiopian Border

2025-02-25 by EthioStockMarket.com Reporter

Kenya has increased security at its border with Ethiopia following an attack by armed men, with 20 people missing. The incident involved clashes between Ethiopian fishermen and Kenyan counterparts.

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Ethiopia: EIH Introduces Competition in Ethiopia’s Multimodal Transport Sector

2025-02-25 by EthioStockMarket.com Reporter

Ethiopia’s sovereign wealth fund, Ethiopian Investment Holdings (EIH), has announced plans to introduce competition into the country’s multimodal transport sector, marking a shift in an industry long …

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Central Bank Will be Conducting Special Foreign Exchange Auction on February 25

2025-02-25 by EthioStockMarket.com Reporter

The National Bank of Ethiopia (NBE) hereby announces that it will be conducting a Special Foreign Exchange Auction on February 25, 2025. The auction will be in the amount of 60 million USD and is open …

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Lucy Letby fans plan sick SPEED DATING event to celebrate medical experts finding ‘NO evidence of murder’

2025-02-25 by EthioStockMarket.com Reporter

LUCY Letby fans are planning to host a sick killer-nurse themed speed dating event. Twisted supporters of the baby murderer are celebrating after medical experts – not directly involved in the cas …

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Turkana: Fishermen death toll climbs to 30 in alleged Ethiopian Merile raid, stolen items recovered

2025-02-24 by EthioStockMarket.com Reporter

At least 30 fishermen have been confirmed dead after suspected Ethiopian merile attacked them in the border of Todonyang on Saturday night, February 22.

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Lion Underwriting founder Kurt Nilsen dies at 52

2025-02-24 by EthioStockMarket.com Reporter

Kurt Nilsen (pictured), founder and managing director of Lion Underwriting, has died following a battle with cancer. He was 52. Nilsen, a key figure in Australia’s underwriting sector, established …

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Ethiopian Airlines shuts down speculations on Nigeria Air revival

2025-02-24 by EthioStockMarket.com Reporter

Ethiopian Airlines Group has said it is not working with the Federal Government to revive plans to establish a national carrier.

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Ethiopia: National Bank to Hold USD 60 Million Special Forex Auction on February 25

2025-02-24 by EthioStockMarket.com Reporter

The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with USD 60 million available for bidding by all banks.

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Ethiopia Launches Fayda Digital ID System, Mandates Usage for Banking by 2026

2025-02-24 by EthioStockMarket.com Reporter

The NBE has issued a circular letter dated February 5, 2025, providing a temporary waiver until December 2026 for Ethiopian-born foreign nationals residing abroad to access banking services without …

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Ethiopia central bank holds $60 million foreign exchange auction

2025-02-24 by EthioStockMarket.com Reporter

Ethiopia’s central bank said on Monday it was conducting a foreign exchange auction for $60 million, with the sale open to all banks. In July 2024, Ethiopia’s central bank removed restrictions on the …

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Central Will Bank be Conducting Special Foreign Exchange Auction on February 25

2025-02-24 by EthioStockMarket.com Reporter

TThe National Bank of Ethiopia (NBE) hereby announces that it will be conducting a Special Foreign Exchange Auction on February 25, 2025. The auction will be in the amount of 60 million USD and is …

Categories News Tags (NBE), National Bank of Ethiopia Leave a comment

Ethiopia central bank holds $60 million foreign exchange auction

2025-02-24 by EthioStockMarket.com Reporter

Ethiopia’s central bank said on Monday it was conducting a foreign exchange auction for $60 million, with the sale open to all banks. In July 2024, Ethiopia’s central bank removed restrictions on the …

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AfDB, Standard Bank partner to support SMMEs in Africa

2025-02-24 by EthioStockMarket.com Reporter

The agreement includes a R3.6 billion investment in a social bond and a $200 million Risk Participation Agreement (RPA) for Standard Bank of South Africa Limited (SBSA). This initiative strengthens …

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Ethiopian Airlines Aborts Landing At Roberts International Airport Due to Thick Smoke From Nearby Farm Fires

2025-02-24 by EthioStockMarket.com Reporter

An unusual and potentially dangerous situation unfolded at Roberts International Airport (RIA) last week when an Ethiopian Airlines flight was forced to abort its landing due to thick smoke drifting …

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MSF Suspends Activities at Famine-stricken Camp in North Darfur

2025-02-24 by EthioStockMarket.com Reporter

Medical charity MSF said on Monday that it has been forced to suspend its activities in the famine-stricken Zamzam displacement camp in Sudan’s North Darfur due to escalating attacks and fighting in …

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Flight costs, visa headaches stagnating Africa’s domestic flight market

2025-02-24 by EthioStockMarket.com Reporter

Uganda Airlines will continue to struggle without a domestic market COMMENT | WESLEY KAMBALE | In 2024, Africa’s domestic flight market was almost nonexistent, accounting for just 0.4% of the global …

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